Supply of labor falls short in U.S. after COVID-19 pandemic

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Supply of labor falls short in U.S. after COVID-19 pandemic

STORY: Supply of labor falls short in U.S. after COVID-19 pandemic DATELINE: Sept. 16, 2022 LENGTH: 00:01:03 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. STANDUP (English): XIA LIN, Xinhua correspondent 2. various of street views STORYLINE: STANDUP (English): XIA LIN, Xinhua correspondent "While the United States emerges from the COVID-19 pandemic, employers have been desperate to hire. Demand for goods and services has rebounded, but the supply of labor has fallen short, holding back the economy. 'More than two years after the COVID-19 recession officially ended, some sectors haven't found the workers they need to operate at capacity,' reported The New York Times earlier in September. In simple numbers, some of that gap is due to the pandemic's death toll: more than a million people, about 260,000 of them short of retirement age. 'For decades, a large generation aging into retirement has been the strongest factor dragging down overall labor force participation,' said the newspaper. The pand

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